Perplexity announces it will use Nvidia's new CPU.
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Nvidia announces new AI infrastructure collaboration model
Mars Finance reported on July 2nd that NVIDIA announced a new AI infrastructure partnership model on July 1st, collaborating with AI cloud service providers to build large-scale, multi-tenant AI factories through revenue sharing and credit support mechanisms. NVIDIA stated that this initiative aims to help startups, model developers, enterprises, and research institutions access AI computing power more quickly, while generating continuous revenue for NVIDIA based on computing power usage. Notably, under this new model, customers can obtain large-scale AI computing power more quickly, without waiting for data center site selection, power supply construction, and hardware deployment, to meet their needs for model training, post-training, fine-tuning, and Agent AI inference. According to the plan, AI cloud providers will deploy AI factories based on the NVIDIA DSX AI Factory architecture, providing cloud computing services. The initial partners include Sharon AI and Firmus. Sharon AI plans to deploy up to 40,000 NVIDIA Grace Blackwell GB300 GPUs; Firmus will build a DSX AI factory campus in Batam, Indonesia, with a planned power capacity of 360 megawatts and a deployment of up to 170,000 NVIDIA GPUs. (Shanghai Securities News)
AI giants like OpenAI and Anthropic are offering startups large amounts of free computing power in an effort to seize market share.
According to a report by the Wall Street Journal on July 7th, as reported by Mars Finance, AI companies such as OpenAI and Anthropic are offering substantial free computing power and discounts to startups to compete for enterprise customers. The report states that Silicon Valley startup founders are receiving computing credits, token usage limits, and auction-style discounts from AI model companies. Some early-stage companies have received over $3 million in cloud computing and token credits, approaching the median of seed funding in the US according to PitchBook. AI companies hope to acquire customers in the early stages of startups, making their tools an integral part of their business as these companies grow. Cursor offered a 75% discount until July 5th; Google Cloud offered up to $500,000 in cloud computing credits to some startups, along with early access to the Gemini model and, in some cases, support from DeepMind engineers. Microsoft and Amazon Web Services also offer special privileges to startups. OpenAI and Anthropic have recently been particularly focused on Y Combinator startups. In May, Sam Altman announced that OpenAI would offer $2 million in tokens to each startup participating in its accelerator program in exchange for equity. Around the same time, Anthropic increased its free token allocation to Y Combinator startups from $30,000 to $500,000, without requiring equity. OpenAI subsequently adjusted its offer, providing startups with $500,000 in free tokens, without requiring equity, and offering the option to exchange equity for an additional $1.5 million in tokens. These offers reflect the fierce competition among model providers for future large clients. Y Combinator runs four cohorts annually, with recent cohorts featuring approximately 200 companies each, meaning that OpenAI and Anthropic could potentially offer a combined $800 million in AI tokens over the next year. Christopher Acker, co-founder of SuperPenguin, stated, "The AI world is being driven by OpenAI and Anthropic because they are giving startups money to pay for usage costs."
Nvidia-backed Nscale secures $900 million in revolving credit to accelerate its global AI data center expansion.
Mars Finance reports that Nscale, a UK-based AI infrastructure startup backed by Nvidia, announced on Tuesday that it has secured a $900 million revolving credit facility to accelerate its data center construction in Europe, the US, and the Asia-Pacific region. The company completed a $2 billion funding round earlier this year, valuing the company at $14.6 billion. (Cailian Press)
Chip startup SambaNova raises $1 billion, valuing the company at $11 billion.
Mars Finance reported on July 8th that SambaNova Systems, a chip startup backed by Intel's venture capital arm, has completed a $1 billion Series F funding round, valuing the company at $11 billion. The company is scheduled to officially announce the news on July 8th local time. (Wide Angle Observation)
Nvidia's market value evaporated by $1 trillion in less than two months, with its valuation falling back to levels seen before the AI boom.
According to Mars Finance, after losing approximately $1 trillion in market capitalization in less than two months, Nvidia stock has hit its lowest level since the artificial intelligence (AI) boom fueled its surge. The chipmaker's graphics processing units (GPUs) still dominate the AI data center market. However, its share price has fallen 16% since hitting an all-time high on May 14th, prompting investors to adjust their AI trading strategies, selling Nvidia and investing in other semiconductor manufacturers, particularly those in the memory market. Data shows the sell-off has driven Nvidia's price-to-earnings ratio (P/E) to 18 based on its expected earnings over the next 12 months. The last time it reached such a low level was in early 2019. To better understand the depth of the decline, a comparison with benchmark stock indices shows that the S&P 500 has a forward P/E ratio of 20, and the Nasdaq 100 has a forward P/E ratio close to 23. (Cailian Press)
Polish President: Putin may use force against NATO's eastern flank at any time.
According to Mars Finance, citing Jinshi, the Polish president stated that Putin could use force against NATO's eastern flank at any time.